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BSP Projects Inflation to Remain Within Gov’t Target Until 2027

Manila: The Bangko Sentral ng Pilipinas (BSP) announced that inflation is anticipated to remain within the government’s 2 percent to 4 percent target range until 2027. This statement follows the recent report from the Philippine Statistics Authority, which revealed that last month’s headline inflation was at 1.4 percent. According to Philippines News Agency, the BSP stated that the June 2025 inflation outcome aligns with its forecast range of 1.1 to 1.9 percent. The central bank attributed this expectation to the ongoing decrease in rice prices, which is projected to keep inflation below the lower end of the target in 2025.

Philippine Government Continues OFW Repatriation from Israel Amid Eased Tensions

Manila: The Philippine government’s effort to repatriate overseas Filipino workers (OFWs) from Israel is ongoing, even though the alert level has been lowered due to reduced tensions in the Middle East. According to Philippines News Agency, the Department of Migrant Workers (DMW) reported in a news release that eight Filipino caregivers safely arrived at the Ninoy Aquino International Airport (NAIA) Terminal 1 on Thursday evening on Philippine Airlines flight PR 0737. These individuals are the latest to return as part of the government’s repatriation initiative, which commenced in October 2023. This arrival marks the 38th group repatriated from Israel and

100 Children with Disabilities in Antique Receive Financial Aid

Antique: Around 100 children with physical disabilities from this capital town of Antique received PHP10,000 financial aid under the Children’s Health, Education, and Resources for Inclusion, Support and Hope (CHERISH) project of the Department of Social Welfare and Development (DSWD) on Friday. The amount is the first of the two-tranche financial support the recipients will receive for the School Year 2025-2026, said DSWD Regional Director Arwin Razo, who led the distribution of assistance. The second tranche will be released in September. According to Philippines News Agency, the beneficiaries are in-school learners who have physical disabilities and need financial aid. The

Pangasinan on Alert for ‘Bising’ Despite Rainfall Outlook Downgrade

Pangasinan: The province of Pangasinan remains on alert for the effects of Tropical Depression Bising and the southwest monsoon (habagat). This, despite the downgrade of the rainfall outlook hoisted in the province from orange (100 to 200 millimeters of rainfall) on Thursday to yellow (50 to 100 millimeters of rainfall) as of 11 a.m. Friday. According to Philippines News Agency, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) provided the updated rainfall outlook. In a phone interview on Friday, Pangasinan Provincial Disaster Risk Reduction and Management Office’s Emergency Operations Center head Pia Flores said the province is under blue

June Inflation at 1.4% as Gov’t Measures Help Ease Food Prices

Manila: Headline inflation continued to remain below the lower end of the government’s target range in June, despite a slight uptick due to a faster increase in non-food prices. In a briefing on Friday, National Statistician Dennis Mapa said headline inflation settled at 1.4 percent in June from 1.3 percent in May. This brings the year-to-date average inflation to 1.8 percent, well within the government’s target range of 2 percent to 4 percent for the year. According to Philippines News Agency, the slight uptick in headline inflation was driven by higher non-food inflation (1.9 percent from 1.5 percent), with faster

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